Mittelman Wealth Management Grows Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Mittelman Wealth Management lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 133.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 48,644 shares of the company’s stock after acquiring an additional 27,794 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises approximately 1.5% of Mittelman Wealth Management’s portfolio, making the stock its 11th largest position. Mittelman Wealth Management’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,562,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IGSB. Eagle Asset Management Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.4% during the 3rd quarter. Eagle Asset Management Inc. now owns 14,149 shares of the company’s stock valued at $735,000 after purchasing an additional 721 shares in the last quarter. Zions Bancorporation N.A. acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at about $154,000. Family Firm Inc. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth about $49,000. Waterloo Capital L.P. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 40.3% in the second quarter. Waterloo Capital L.P. now owns 10,577 shares of the company’s stock worth $542,000 after acquiring an additional 3,040 shares in the last quarter. Finally, SlateStone Wealth LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.9% in the second quarter. SlateStone Wealth LLC now owns 12,910 shares of the company’s stock worth $662,000 after acquiring an additional 1,375 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of NASDAQ IGSB opened at $52.07 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.52 and a fifty-two week high of $52.74. The business has a 50 day moving average price of $52.05 and a two-hundred day moving average price of $51.88.

iShares 1-5 Year Investment Grade Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a dividend of $0.1842 per share. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

iShares 1-5 Year Investment Grade Corporate Bond ETF Profile

The iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is an exchange-traded fund that is based on the ICE BofA US Corporate (1-5 Y) index. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade corporate debt with 1-5 years remaining in maturity. IGSB was launched on Jan 5, 2007 and is managed by BlackRock.